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Oil falls as Saudi and Russia quietly agree output rise, US stocks swell

10 October, 2018 9:15 am 9:15 am

SINGAPORE (Reuters) – Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising US inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. Brent crude oil futures LCOc1 were trading at $85.85 per barrel at 0104 GMT, down 44 cents, … Read More